Business

Chinese Biopharma Firm Everest Medicines Raises $451m In HK IPO

Everest Medicines, a Chinese clinical-stage biopharmaceutical firm created by CBC Group, has raised almost HK$3.50 bill... Read more

Five China Funds Targeting Ant IPO Rake In $9b From Over 10m Investors

Five newly launched Chinese funds targeting Ant Group’s upcoming mega stock listing raised 60 billion yuan ($8.... Read more

Chinese Telecom Equipment Firm Consys Seeks To Raise $298m In STAR Market IPO

Shenzhen Consys Science & Technology Co., Ltd, manufactures and distributes telecommunications equipment, is lookin... Read more

Warburg-backed Converge ICT Prices PH IPO, Trims Target To $600m

Converge ICT Solutions, a Warburg Pincus-backed fibre-optic broadband services in the Philippines, has trimmed its init... Read more

Malaysian Firms Take To Private Placements To Shore Up Funding

Malaysia’s corporates are turning to private share placements to raise funds as demand for public listings of bonds a... Read more

China Inc Set To Clock Biggest US IPO Year Since 2014, Despite Trade Spat

Chinese companies are choosing to make their market debuts in the US, even as Beijing and Washington spar over everythi... Read more

Ant Groups $35b IPO Unlikely To Be Hurt By Possible US Curbs

Ant Group’s $35 billion initial public offering (IPO) is unlikely to suffer from any U.S. restrictions on the ... Read more

Singapores GIC May Invest More Than $1b In Ants Mega IPO

Singapore’s sovereign wealth fund GIC plans to invest more than $1 billion in Ant Group’s mega initial public offer... Read more

Airbnb Burned Through $1.2b Ahead Of IPO: The Information

Airbnb burned through more than $1.2 billion in cash between mid-2019 and mid-2020, ahead of its high-profile initial p... Read more

Tencent-backed Discount Retailer Miniso Eyes $562.4m In US IPO

Retailer Miniso Group Holding Ltd, which is backed by Tencent Holdings Ltd, is looking to raise up to $562.4 million ... Read more

Chinese Wealth Management Platform Lufax Files For US IPO

Lufax Holding Ltd, one of China’s largest online wealth management platform, on Wednesday filed to list its shares i... Read more

Hillhouse-backed Genor Biopharma Reaches $1.8b Market Cap In HK IPO

Genor Biopharma, a Chinese commercial-ready biopharmaceutical firm backed by Hillhouse Capital, has reached a market ca... Read more

Chinese E-learning Firm IHuman Sets US IPO Terms, Targets $84m

iHuman, one of China’s childhood edutainment companies, has set the terms of its initial public offering (IPO) in the... Read more

Hillhouse-backed Chinese Pet Clinic New Ruipeng Picks Banks For $500m IPO

New Ruipeng Pet Healthcare Group Co. has chosen banks to lead an initial public offering that could raise more than $... Read more

S Korean Retail Investors Bid Over $50b To Win Shares In BTS Label

South Korean retail investors ponied up over $50 billion as they sought to lay their hands on shares in Big Hi... Read more